“The limits would be much higher,” she said. “They’d want excess liability coverage on top of the general liability because of their wealth. They don’t want any lawsuit, say from an injured guest, a transportation accident, or even overzealous members of the public, to potentially impact their personal assets. The more insurance they can buy, the better.”
‘ The preceding article may include information circulated by third parties ’
‘ Some details of this article were extracted from the following source www.insurancebusinessmag.com ’
ADVERTISEMENT
